CEZ

Polish energy concerns plan takeover of CEZ Group assets in Poland

CEZ invited letters of intent to be submitted by September 29 in the process of purchasing the group's Polish assets. It wants to sell CEZ Skawina (pictured), CEZ Chorzow, CEZ Energy Products Poland and CEZ Poland. Jacek Bednarczyk/PAP

Energy companies PGNiG and PGE have submitted a joint non-binding offer to acquire the Polish assets of Czech energy concern CEZ Group as part of a strategy to “re-Polonise” the energy sector, the companies said in a Friday press release.

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